Sell SHIB/USDT – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2.558E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.000028130 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High
2nd High 0.000030460
Next High 0.000028130
Current Price 0.000026640
Next Low 0.000025180
2nd Low 0.000024250
3rd Low 0.000023030

Download SHIB/USDT Signal Image

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